View a FREE sample

This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. What sort of important dinner is the author invited to attend?
(a) A celebrity dinner.
(b) A fund raiser.
(c) A company dinner for Salomon Brothers.
(d) A head-hunting dinner.

2. Lewis observes that the cruelty that traders bestow on everyone in their wake is _____.
(a) Illegal.
(b) Personal.
(c) Permanent.
(d) Ceremonial.

3. With whom has the author received an invitation to dine?
(a) Lady Diana.
(b) Prince Charles.
(c) The queen mother.
(d) Queen Elizabeth II.

4. What does Lewis see as John Gutfreund's "calling card" as he makes his rounds in the trading floor?
(a) A slap on the back.
(b) A hand-written note.
(c) Coffee grounds.
(d) Cigar ash.

5. Though he was rejected by Harvard, Gutfreund eventually graduated from ______.
(a) Yale.
(b) Oxford.
(c) Oberlin.
(d) Princeton.

6. In the bond market, unlike the stock market, ______ are not openly stated.
(a) Share quantities.
(b) Taxes.
(c) Interest rates.
(d) Commissions.

7. The code of Liar's Poker is something like the code of the ______.
(a) Gunslinger.
(b) Silent.
(c) Marine.
(d) Mason.

8. What is the name of the trainee who was a former U.S. Navy fighter pilot?
(a) Max Johnson.
(b) Mike Lewis.
(c) Susan James.
(d) Joe Friedman.

9. Where was the author born and raised?
(a) Boston.
(b) The Deep South.
(c) London.
(d) New York.

10. In 1979, which company specializes in junk bonds?
(a) Salomon Brothers.
(b) Drexel Burnham.
(c) Lehman.
(d) Shearson.

11. The author notices that young traders become _____ after they get onto Meriwether's trading desk.
(a) Pudding.
(b) Hysterical.
(c) Intellectuals.
(d) Disciples.

12. The author thinks that all money men either have ______ hair or are bald.
(a) Receding.
(b) Blond.
(c) Red.
(d) Dark.

13. There are 287 books about bonds in the New York Public Library and most of them are about _____.
(a) Chemistry.
(b) A British spy.
(c) Junk Bonds.
(d) Family ties.

14. Wall Street has a river at one end and a ______ at the other.
(a) Graveyard.
(b) Pot of gold.
(c) Train station.
(d) Cesspool.

15. According to the author, in order for the home mortgage to become a bond, it has to be _____.
(a) Refinanced.
(b) Depersonalized.
(c) Inflated.
(d) Reversed.

Short Answer Questions

1. Bob Dall and Stephen Joseph create the first _____ of mortgage securities.

2. What ubiquitous part of business attire does Massey conspicuously lack?

3. Which leading bond analyst from Salomon Brothers gives a speech at the Wharton School about how he can't get women to pay attention to him at cocktail parties?

4. The front-row people in the Salomon Brothers training program are generally from which business school?

5. What is another name for an analyst in the corporate finance department at Salomon Brothers?

(see the answer keys)

This section contains 412 words (approx. 2 pages at 300 words per page) View a FREE sample